However, more than half of Argentinians are now living in poverty. https://www.bbc.com/news/articles/ceqn751x19no
It only went up 11%points, which is a miracle considering the 230% inflation going on before he took office.
How much if your country would be in poverty if next year their savings and income were effectively slashed by 60%?
It went up by 11% points. The amount of people in poverty increased by 25%
True. Corrected. The point is that was already pretty bad and getting worse quick, so reaching 50% isn’t that surprising. His policies probably slowed it down.
It’s a very kill or cure approach… Let’s hope it works long term.
It’s still a huge yearly inflation rate though!
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MBFC: Right-Center - Credibility: High - Factual Reporting: High - Argentina
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https://www.batimes.com.ar/news/economy/argentina-inflation-slows-to-lowest-under-milei.phtml
